US Rail Freight Volume Rebounds in February
Data from the Association of American Railroads shows a significant increase in U.S. rail freight for the third week of February. Carloads rose by 38.2% year-over-year, and intermodal traffic increased by 26.3%. The across-the-board rise in commodity shipments reflects economic recovery. While North American rail freight is generally positive, year-to-date cumulative figures still need improvement. The growth in rail freight volume suggests economic expansion, but potential supply chain issues and inflation risks should be monitored.
